She also spent many years on the board of Kodak.
Posted on 12/01/2012 9:45:21 AM PST by ksen
Laura D’Andrea Tyson:
... The single most important factor behind the projected growth in federal spending is the growth in health care spending, driven primarily by the growth in Medicare spending per beneficiary.
The outlook has already improved as a result of significant changes in the delivery and payment of health care services in the Affordable Care Act. As a result of these changes, growth in Medicare spending per enrollee is projected to slow to 3.1 percent a year during the next decade, about the same as the annual growth of nominal G.D.P. per capita and about two percentage points slower than the annual growth of private insurance premiums per beneficiary.
Speeding up the pace of the Affordable Care Act changes along with others, such as reducing subsidies for high-income beneficiaries and drug benefits and introducing small co-pays on home health-care services, would mean even larger Medicare savings.
A “structural reform” popular among Republican deficit hawks like Representative Paul Ryan of Wisconsin to convert Medicare to a premium-support or voucher system would be counterproductive and would drive up both spending per beneficiary and overall costs in the health care system.
The goal of a “go big” plan for deficit reduction should be to ensure the economy’s long-term growth and competitiveness. Yet the debate over spending in Washington is fixated on cutting entitlement spending. Very little is heard about the need to increase federal spending in education and training, research and development and infrastructure, three areas with proven track records in rate of return, job creation, opportunity and growth. ...
IIRC, that particular episode of Clintonian fascist greed was also flogged heavily by another of Clinton's Fantasy Island 'economists', [a towering figure in his own mind,] Robert Reisch[schschsch], known to his friends as Tentpeg.
great..so, where you going to find a doctor to take on any or any more Medicare patients ?
Yup! Another commie loser jockeying for position in the 2016 Hillary Clinton regime.
Take half a trillion dollars away from Medicare in the Obamacare shell game and suddenly Medicare costs less. At least until doctors refuse to take Medicare patients because of unacceptably low reimbursement rates.
The outlook improved because they closed their eyes.
When FRs post what is essentially propaganda. Questioning who the author is and the medium used is the point of my posting.Rather than just rendering a opinion. That background fill in offers legitimate counter punching by FR reviewers if in the course of human events the topic and its author comes up in any conversation ...thus adding value of FR’s.
translation: They are screwing the doctors with lower payments.
The result will be fewer doctors willing to see the elderly of course...especially since the paperwork required to get paid costs almost as much as one is reimbursed...and to do a good evaluation of the elderly takes a lot more time, but if you bill for the time you spent, you can be jailed for fraud/overbilling.
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